2008 GRANDVIEW AVE
About This Property
Built with quality construction, there are two full levels of living and an unfinished full walk out basement with 9 ft ceilings. A modern gourmet kitchen with gorgeous countertops and a Dacor 5-burner gas (propane) stove. A bright and airy sunroom which opens into a library with custom shelving. Beautiful Custom Red Oak Hardwoods with custom inlays and Ceramic tile complement each room on the first floor. Stacked Stone fireplace. Trane hybrid gas furnace (2017) with heat pump. Architectural Roof (2022),Hard scape patio rear yard (2022), GE profile appliances (2018), Driveway repaved (2018). Double owner closets.
Lots of opportunity for future customization.
GPS will take you onto a farm road, please be advised: From Rt. 3, turn onto 175 W/Annapolis Rd. Turn left onto California Terrace. Continue slight right to Grandview Ave. Do Not use Dairy Rd.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017